Why Live in Steep Falls
Steep Falls is a quaint village in Standish, characterized by its strong sense of community and abundant natural surroundings. Residents enjoy the expansive Steep Falls Wildlife Management Area, which offers opportunities for hiking, canoeing, and hunting, while the adjacent Steep Falls Village Preserve provides well-maintained trails for walking and skiing. The village's heart features a mix of historical homes, including Colonial and Dutch Revivals, alongside newer Cape Cod and ranch-style houses. Community life centers around the Steep Falls Library, which hosts various events and fundraisers, such as the annual plant sale, Cornhole Tournament, and Holiday Craft Fair. The Village Park Gazebo is another focal point, hosting the Summer Concert Series and the Steep Falls Farmers’ Market. For family activities, Mill Street Park offers a playground, ice-skating rink, and basketball court. Dining options are limited within the village, with Dan’s sandwich shop being the sole restaurant, but nearby towns like Cornish provide additional choices. Residents travel about 7 miles to Hannaford in Standish for groceries and 20 miles to larger retailers like Target and Walmart. The village is part of the Bonny Eagle School District, which includes schools with varying ratings. Safety is a notable aspect, with crime rates significantly lower than the national average. Steep Falls is approximately 25 miles from Portland, Maine, and 22 miles from Portland International Jetport, making it a peaceful yet accessible place to live.
Frequently Asked Questions
What is the average home price in Steep Falls, ME?
Homes for sale in Steep Falls, ME have an average home price of $439,715.
How many homes have sold over the last 12 months in Steep Falls, ME?
13 homes have sold in Steep Falls, ME over the last 12 months.
What are the most popular zip codes in Steep Falls, ME?
How much do you need to make to afford a house in Steep Falls?
The median home price in Steep Falls is $438,000. If you put a 20% down payment of $87,600 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $2,280 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $98K a year to afford the median home price in Steep Falls.
How are the schools in Steep Falls, ME?
Home Trends in Steep Falls, ME
On average, homes in Steep Falls, ME sell after 9 days on the market compared to the national average of 50 days. The median sale price for homes in Steep Falls, ME over the last 12 months is $495,000, up 38% from the median home sale price over the previous 12 months.
Median Sale Price
$495,000
Median Single Family Sale Price
$427,500
Average Price Per Sq Ft
$305
Number of Homes for Sale
6
Last 12 months Home Sales
13
Median List Price
$438,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
38%
